India Embraces Polymer: RBI Greenlights First Plastic Banknotes Trial
India is set to introduce its first plastic banknotes, with the Reserve Bank of India authorized to print 2 billion polymer notes in Rs 10 and Rs 20 denominations for field trials. This marks a significant step towards modernizing the nation's currency.
Tata Sons’ Financial Paradox: 22% Profit Surge Amidst Billions in New Venture Losses
Tata Sons, the holding company of India's illustrious Tata Group, has reported a robust 22% profit increase. However, this growth is juxtaposed with significant losses nearing 29,000 crore from its strategic 'new bets' in emerging sectors, highlighting a…